Polygon, a leading platform for Ethereum scaling and infrastructure development, is excited to partner with Gitcoin as part of Grants Round 12 (GR12). Gitcoin’s biggest quarterly event is kicking off on December 1st and running through December 16th, 2021. Polygon recently announced a $1 million commitment to Gitcoin Grants, one of the largest ever donations to the public goods treasury in Gitcoin history, with $200k set aside for upcoming Grants Round 12. Today, Polygon and Gitcoin…
Polygon, a leading platform for Ethereum scaling and infrastructure development, is excited to partner with Gitcoin as part of Grants Round 12 (GR12). Gitcoin’s biggest quarterly event is kicking off on December 1st and running through December 16th, 2021.
Polygon recently announced a $1 million commitment to Gitcoin Grants, one of the largest ever donations to the public goods treasury in Gitcoin history, with $200k set aside for upcoming Grants Round 12.
Today, Polygon and Gitcoin are excited to announce that Polygon will create its own $100k ecosystem matching pool for Grants Round 12.
Gitcoin launched the flagship Grants product in 2017, raising over $20m in funding for open source projects in the past two years. Historically, this has been allocated using a single matching pool for all grants, with predetermined percentages of this main matching pool allocated to specific categories immediately prior to each round.
As part of Grants Round 11 in September 2021, Gitcoin introduced ecosystem grants, a new type of matching pool in which participating ecosystems set funding and eligibility criteria while Gitcoin provides access to its developer community, hosting for grants, Quadratic Funding, fraud detection & resistance, marketing and other grants operations. Uniswap Grants Program ran the first ecosystem round during Grants Round 11.
Polygon’s goal for this ecosystem round is to encourage and support thousands of talented builders around the world to build on and advance its ecosystem and protocol, including promoting user adoption and developing critical infrastructure projects that democratize the internet and global financial system. For more detailed background on Polygon, see below.
For more detail on grant eligibility and ideas, see full eligibility policy.
Polygon is hosting an AMA in the next couple weeks (TBA), where you will be able to ask questions and hear directly from the team on what to expect for the upcoming round.
How to create a new grant (& get approved for matching from this pool):
Note: Grants are only eligible to receive contributions after approval. Grants need to be approved for listing on the Gitcoin platform and the Polygon tag is subject to review and removal if eligibility criteria is not met.
How to update an existing grant (to receive matching from this pool):
Note: The Gitcoin team will verify that your grant qualifies based on Polygon’s eligibility policy. If it does, your grant will be included in the round. Please allow 48-72 hours for this to be reflected.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
If you’re interested in working with Gitcoin to run a grants round for your open source community or help hosting a hackathon or similar event, we’d love to hear from you! Or, if you’re interested in supporting open source and digital public goods, we hope you’ll join the Funder’s League. Just send us a message at firstname.lastname@example.org.